Brookfield Asset Management (BAM) Tops Q3 FFO by 32c

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Brookfield Asset Management Reports Third Quarter 2018 Results

November 8, 2018 6:55 AM EST

Net Income of $941 million or $0.11 per share,FFO of $1.1 billion or $1.07 per share

BROOKFIELD, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) today announced financial results for the quarter ended September 30, 2018.

Bruce Flatt, CEO of Brookfield stated, "We had another strong quarter. We ended the quarter with liquidity of $32 billion, which we expect to deploy into opportunities across our listed and private funds. Fundraising continues to be strong, including $18.5 billion of... More